Cyprus saw its trade deficit shrink to €6.37 billion in January–October 2024 , a significant reduction compared to €7.56 billion during the same period in 2023.
The improvement reflects a 12.3 per cent drop in imports , which fell to €9.76 billion from €11.13 billion , according to the latest foreign trade statistics .
This was accompanied by a more modest 5.3 per cent decline in exports , which stood
